GE has announced that it will invest €340 million ($450 million) in offshore wind technology in Europe until 2020.
The cost of electricity generated from coal will increase relative to renewable energy as the world develops and implements technologies that curtail CO2 emissions at coal-fired power plants, according to some experts meeting at Globe 2010 in Vancouver, Canada.
Sabah’s palm oil industry produces enough waste to generate up to 700MW of electricity, according to an American energy researcher.
The tender for the privatisation of 52 hydropower plants owned by the Turkish state-run Electricity Generation Holding Company (EUAS) is scheduled for April.
The ongoing drought in the Chinese province of Yunnan has depleted hydropower generation capacity to the point that Yunnan has temporarily stopped transmitting electricity to Guangdong province.
Entergy asked Louisiana state regulators for approval to continue early development of a new nuclear power generator in St Francisville, Louisiana, USA.
The Japanese cabinet has approved a draft Global Warming Mitigation Law. With regard to the emissions trading scheme, which had been a focus of controversy until the final process of the discussion, the bill proposes establishment of a total emissions cap as the basic control method while also including the emissions intensity approach in the provisions.
Electricity shortfall in Pakistan has reached the 2000MW mark. Load shedding in urban areas of the country has been extended to 5 hours a day, and to 8 hours a day in rural areas.
California utilities can now purchase some of the benefits of renewable energy without actually purchasing the energy itself. That’s the gist of a move by the California Public Utilities Commission to allow utilities to use tradable renewable energy credits (TRECs) to meet the state’s ambitious renewable portfolio standard.
A survey conducted on electricity consumers in Japan revealed that more than half the respondents were not willing to accept price increases exceeding 5 per cent to reduce CO2 emissions.